How do I sign a Master Promissory Note?

The link to complete the Master Promissory Note (MPN) and Entrance Counseling will appear as will appear as an Action Item in your Workday Inbox or you can go directly to StudentAid.gov to sign the online MPN.  The MPN  is required to be completed before you can receive a loan.   

To complete an MPN online, you will need a username and password called your FSA ID. If you are a parent completing a Direct PLUS Loan MPN online, you must use your own FSA ID and not your child's FSA ID. 

The entire MPN process must be completed in a single session, so be sure you have enough time before you start. Each MPN takes approximately 30 minutes to complete.

The MPN process consists of four steps:

  1. Enter your personal and school information
  2. Enter information about your references.
  3. Read the terms and conditions.
  4. Review, electronically sign, and submit the MPN.

Note:  Federal Direct Loan funds may not be used for deferment of tuition and fees until the MPN and Entrance Counseling action items have been successfully completed. The Master Promissory Note must be completed each academic year whereas Entrance Counseling is completed only once. 

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Details

Article ID: 21319
Created
Thu 12/8/16 11:00 AM
Modified
Wed 2/3/21 11:35 AM